Skip to main content

Multifamily

2425 Cedar Ave

2425 Cedar Ave, Long Beach, CA 90806

Listing Price: $1,600,000

Cap Rate
4.61%
Number of Units
5
Occupancy
100.0%
Price/Unit
$320,000
Price/Gross SF
$378.25
Gross SF
4,230

Investment Overview

We are pleased to present 2425 Cedar Avenue, a 5-unit investment property in Long Beach, California. The property is located between Willow and Burnett Streets just off Pacific Avenue. This area is a solid majority-renter market with low vacancy rates. 2425 Cedar Avenue consists of two 2 bedroom 1 bathroom units and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers four single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Investment Highlights

  • Fully Renovated from the Top to the Bottom
  • All the Hard Work Done
  • Excellent Yield for a Smaller Deal With Operational Upside
  • No LA Rent Control

Exclusively Listed By

Financing By

Multifamily

2425 Cedar Ave

Listing Price: $1,600,000

Cap Rate
4.61%
Number of Units
5
Occupancy
100.0%
Price/Unit
$320,000
Price/Gross SF
$378.25
Gross SF
4,230

Investment Highlights

  • Fully Renovated from the Top to the Bottom
  • All the Hard Work Done
  • Excellent Yield for a Smaller Deal With Operational Upside
  • No LA Rent Control

Investment Overview

We are pleased to present 2425 Cedar Avenue, a 5-unit investment property in Long Beach, California. The property is located between Willow and Burnett Streets just off Pacific Avenue. This area is a solid majority-renter market with low vacancy rates. 2425 Cedar Avenue consists of two 2 bedroom 1 bathroom units and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers four single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower